Share Index: Understanding Market Performance
A share index, like the S&P 500, tracks the performance of a…
Self-Certification Mortgage
A self-certification mortgage allows borrowers to declare their income without providing traditional…
Reverse Takeover: A Strategic Acquisition Method
A reverse takeover is an acquisition where a private company acquires a…
Random Walk Theory
Random walk theory models a path consisting of a succession of random…
Preference Shares: A Hybrid Investment
Preference shares offer a unique blend of debt and equity features. They…
Precipice Bonds: Understanding High-Yield Debt
Precipice bonds are high-yield debt instruments that carry a significant risk of…
Poison Pill: A Corporate Defense Strategy
A poison pill is a defensive tactic used by a target company…
Permanent Interest-Bearing Shares (PIBS)
Permanent interest-bearing shares (PIBS) are a type of perpetual security that pays…
Operating Profit/Loss: Understanding Business Performance
Operating profit/loss measures a company's profitability from its core business operations before…
Old Lady of Threadneedle Street
The 'Old Lady of Threadneedle Street' is a nickname for the Bank…